Recent Cases Mar 30, 2022

Bitzero Blockchain completes a private placement

BCF acted as counsel to Bitzero Blockchain Inc., a privately held corporation aiming to become the world’s leading ESG-driven, Zero Carbon Displacement crypto mining and ESG mining pool company,  in connection with a private placement of common shares issued at a price of US$0.40 per share, for total gross proceeds of US$45,878,525.

The offering was comprised of a brokered and a non-brokered portion. Cantor Fitzgerald Canada Corporation and Canaccord Genuity Corp. acted as co-lead agents in connection with the financing.

Cantor Fitzgerald, L.P. is an American financial services firm that was founded in 1945. It specializes in institutional equity, fixed income sales and trading, and serving the middle market with investment banking services, prime brokerage, and commercial real estate financing. Canaccord Genuity Group Inc., the largest independent investment dealer in Canada, is a global, full-service investment banking and financial services company that specializes in wealth management and brokerage in capital markets. The firm focuses on growth companies, with operations in 10 countries worldwide and the ability to list companies on 10 stock exchanges.

BCF is proud to have represented Bitzero Blockchain in this transaction with a team composed of Gilles Seguin and Vincent Garibaldi.

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